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Business Retention & Development Committee <br />Meeting Minutes <br />December 3, 2014 <br />Page 4 of 6 <br />Lots north of South Boulder Road along Hwy 42 are unsaleable. Current zoning as <br />commercial is not feasible — needs to be residential or mixed use. Otherwise it will stay a field. <br />As a comparable, the SW corner of Baseline and Hwy 42 sold for $1.67 per square foot. <br />Are restaurants for the Steel Ranch commercial parcel a viable strategy? Justin McClure — <br />restaurants want to lease. They are risk heavy and require large investments in building and <br />equipment. It might work if land use and infrastructure was in place. <br />Make the square footage we have more productive. <br />There is only so much disposable income per household. Try to get the disposable income to <br />stay in Louisville. The area being more walkable and connected is a component to keeping <br />sales in town. <br />Allow properties to redevelop to make it feel more comfortable; like Alfalfa's. <br />South Boulder Road won't see big development. The properties will become smaller <br />destinations; smaller pockets. <br />Current height restrictions are an impediment because it is in # of feet. Floor heights are much <br />higher than in the past. Old height restrictions limit the room needed for mechanicals, design <br />elements and larger floor to ceiling heights. <br />Chair Dalton asked if a form based code would be an appropriate model for South Boulder <br />Road. <br />The desire for walkability has taken hold over the last several years. South Boulder road has a <br />lot of small buildings that aren't attractive. A little more height could change what people do <br />with their property. <br />Form based code would allow for creativity and be a significant benefit. <br />There are significant rooftops in the area. Connectivity is an issue for those rooftops. We <br />need to connect those rooftops to shopping. There is community concern about the amount of <br />traffic on SoBoRd. If the west side of 42 gained additional regional retail of any significance — <br />where and how would traffic circulate? East side of 42 has possibilities. We need to continue <br />to consider mixed use. <br />North end near Steel Ranch is a bad location for retail. We need to maximize the City's good <br />retail locations. <br />If we don't improve connectivity, traffic count will be a threat. <br />Does the City have a forum people can log in and give feedback? Yes, it is <br />envisionlouisvilleco.com. <br />10 <br />